Searches And Hires
The plan also previously rehired the firm in 2019 following a similar RFP process.
The plan approved $350 million in commitments with GPs at a meeting last week.
The plan named two firms to manage $450 million total.
The manager had been placed on watch for performance reasons in the fourth quarter.
The retirement fund will reissue a general investment consultant RFP after selecting a new firm for the role last month.
The deferred compensation plan is seeking a domestic large-cap value equity manager to replace its incumbent, which has underperformed.
The organization’s office of investment management has issued an RFI seeking information on general consulting services to assist in investment managers’ searches and other services.
The pension fund is seeking open-end core and core-plus real estate managers to handle a total of $33 million.
The fund approved the addition of a new opportunistic strategy within its portfolio during its April board meeting as recommended by staff and its general investment consultant.
The trust hired a new investment advisor following the launch of a search in the fourth quarter of 2024 as part of “good fiduciary practice.”